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Fourth Paradigm tries to shift investor perception with new platform launch

This article only represents the author's own views.

In the world of Chinese AI, it seems not all companies are created equal in the eyes of investors. Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) commands far less respect than better-known names like SenseTime (0020.HK) and CloudWalk (688327.SH), even though it has more revenue than those other two names and is growing quite nicely.

Part of the difference may owe to SenseTime’s and CloudWalk’s focus on computer vision AI, often used for surveillance, compared with Fourth Paradigm’s focus on more mundane technology that helps businesses boost their efficiency. Fourth Paradigm is hoping to breathe some new interest into its shares with the March launch of its newest Sage AI Platform 5.0, which the company detailed last week in its first-quarter business update.

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